AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FTC Solar Inc. (FTCI) on Thursday reported a loss of $3.8 million in its first quarter.
The Austin, Texas-based company said it had a loss of 58 cents per share. Losses, adjusted for non-recurring gains, came to 84 cents per share.
The solar tracking systems maker posted revenue of $20.8 million in the period.
For the current quarter ending in June, FTC Solar said it expects revenue in the range of $19 million to $24 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTCI at https://www.zacks.com/ap/FTCI
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